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Tuesday, March 17, 2009

Windpower stocks will play catch-up in global stock market post-Bush rally

Photovoltaic stocks have been decimated as much as any sector, yet the exciting thing about their beta has been their real ability to outperform the market in upswings.

In contrast, the wind sector has continued to make new lows and the stock values represent a vision of a global clean energy slowdown that is not realistic at all. Offshore potential alone justifies the market cap of major windpower names like Vestas (VWDRY ADR 14.35) and Suzlon (BOM:532667 36.20) so watch for this sector to show market leadership over the next 3 to 5 months.

Joe T

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